Sandisk (SNDK) Stock News: October 2026
$SNDK · 7 stories in October 2026October 2026
newest first · direct subject stories onlyIntel and Sandisk plunge on guidance, dragging tech lower
Intel and Sandisk plunge on guidance, dragging tech lower.
bearish 20 · impact 70Sandisk beats Q1 estimates, guides above consensus, announces 8-for-1 stock split
Sandisk reported Q1 revenue of $11.03B (est. $10.64B) and adjusted EPS of $49.51 (est. $46.22). Data center revenue surged 61% QoQ to $4.8B, beating estimates. Edge revenue of $5.83B missed expectations of $6.07B. Consumer revenue fell 39% to $397M, also below consensus. Q2 guidance: revenue $12.2B-$12.6B (est. $12.18B), adjusted EPS $55-$57 (est. $53.19). The board approved an 8-for-1 stock split effective Nov 19. Shares fell 5.3% in the regular session and were down ~2% after hours, suggesting investors wanted more despite the beat.
bearish 30 · impact 80
